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Burbank Multi-family Real Estate and Commercial Apartment Buildings

Burbank is located in Los Angeles County northwest of downtown Los Angeles and is a great place to buy or sell multifamily, duplex, triplex, fourplex and larger commercial apartment properties. Its job industry, conveniences, and attractions make this a great place to live and there is a good market available to buy multifamily rental properties such as duplexes, triplexes, and fourplexes. These properties can bring in great income and can be sold quickly if you need to move your investments around. There is also no rent control in Burbank.

Burbank’s population was 104,391 as of 2012. The estimated median household income in 2011 was $64,147 (it was $47,467 in 2000). This is larger than the California median which was $57,287 in 2011.

Burbank has large publishing, and motion picture and sound recording industries which comprise 12% of all industries in the city, as well as a large percentage of its residents working as accountants and auditors (25%). The Walt Disney Company has its headquarters in Burbank and employs 7,900 workers and Warner Bros employs 7,400, which makes them the top two employing companies in the city.

The city also enjoys being close to a variety of conveniences. It has its own airport, the Bob Hope Airport, which services almost 5 million passengers each year, and it is also only 29 miles to the Los Angeles International Airport (LAX). The Providence Saint Joseph Medical Center is in Burbank and there are other hospitals nearby, including Kaiser Foundation (6 miles) and Hollywood Community Hospital (6 miles). There are also a number of universities and colleges in or near Burbank, with the biggest being University of California Los Angeles (UCLA) which has over 37,000 full time enrolled students and is only 10 miles away.

The revitalized downtown Burbank also provides shopping, dining, and entertainment. The San Fernando Strip is an exclusive mall designed to be a modern urban village, with apartments above the mall. An upscale shopping district is located in the state-of-the-art Empire Center neighborhood. The Burbank Town Center is a retail complex adjacent to the downtown core.

All of these features make Burbank a great city to buy or sell multifamily investment rental properties such as duplexes, triplexes, fourplexes and larger commercial apartment buildings. This vibrant, growing community has great attractions, a healthy work industry, and above average rent. The “Media Center of the World” and the desire for people to live here, make it anideal location for multifamily living and the city does have great duplex, triplex, and fourplex properties.

Thank you for choosing TopAgentRealestate.com in your search for a duplex, triplex, fourplex or commercial apartment for sale in Burbank.

TopAgentRealestate.com is California's #1 TopAgentRealestate property website to search thousands of TopAgentRealestate listings for sale, for rent and for lease throughout Orange County, Los Angeles and San Diego California. Find large commercial apartment buildings, duplexes, triplexes and fourplexes with TopAgentRealestate's advanced residential income property search features. The multi-family listings include in-depth descriptions, operating financials and high resolution property photos to help you get an inside look. Stay informed with our blog and be notified of new California multi-family and multi-unit residential income property listings by following our social media accounts. Email us at contact@smsold.com